Apple has struck deals with Chinas four main state-run banks in an effort to bring Apple Pay to the country and is said to be hoping for a launch before the Chinese New Year.
When launched, Apple might face regulatory hinders, as well as competition with Alipay (a Chinese payments services provider) and UnionPay (which has a near-monopoly on bank cards).
In recent news, Apple Pay has launched in Australia in partnership with American Express.
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright